Mishtann Foods Balance Sheet Health
Financial Health criteria checks 5/6
Mishtann Foods has a total shareholder equity of ₹3.1B and total debt of ₹538.7M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are ₹4.1B and ₹1.0B respectively. Mishtann Foods's EBIT is ₹2.8B making its interest coverage ratio 59.1. It has cash and short-term investments of ₹36.9M.
Key information
17.6%
Debt to equity ratio
₹538.71m
Debt
Interest coverage ratio | 59.1x |
Cash | ₹36.91m |
Equity | ₹3.06b |
Total liabilities | ₹1.04b |
Total assets | ₹4.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539594's short term assets (₹4.0B) exceed its short term liabilities (₹985.0M).
Long Term Liabilities: 539594's short term assets (₹4.0B) exceed its long term liabilities (₹57.8M).
Debt to Equity History and Analysis
Debt Level: 539594's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: 539594's debt to equity ratio has reduced from 58.9% to 17.6% over the past 5 years.
Debt Coverage: 539594's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 539594's interest payments on its debt are well covered by EBIT (59.1x coverage).